In Regard to the Cultural Risks Related to Ownership Structure,which

question 55

Multiple Choice

In regard to the cultural risks related to ownership structure,which of the statements below is FALSE?

• A)Cultural norms work their way into laws and regulations so that the interests of the host country will take precedence over the interest of the foreign country,the original home of the business.
• B)In order to start a business operation in a foreign country,it may be necessary to utilize a joint venture business form.
• C)Today,there are practically no industries protected against foreign ownership in host countries.
• D)The ownership structure of a business can be restricted once the business ventures overseas and faces the additional constraint of meeting ownership requirements of more than one government.

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Definitions:

Working-Class

A social group consisting of people employed in lower-tier jobs, often involving manual labor and receiving lower pay.

Mass Schooling

The systematized education of large groups of individuals within a society, typically provided by the government or state at no immediate cost to the individual.

Hidden Curriculum

The subtle, unintended educational content that students absorb, consisting of values and perspectives, aside from the official curriculum.

Conflict Theorists

Scholars who focus on social, political, or material inequalities of a social group, analyzing the conflict between different groups within society.